The gas distribution arm of the Adani Group, Adani Total Gas, announced on Tuesday that its Chief Financial Officer Parag Parikh has resigned. His resignation came into effect from the close of business hours on September 30, the company said in an exchange filing.

Parikh, an industry veteran, cited his intention to pursue external professional opportunities as the sole reason for stepping down. In a letter to the board, he clarified, “There is no other material reason for my resignation apart from the above stated reason.”

Adani Total Gas confirmed that Parikh’s departure follows standard procedures and expressed appreciation for his contributions. “The Company is in the process of appointing a new Chief Financial Officer and an intimation in this regard will be made, over next few days

See Full Page